Effect Of Credit Risk On Performance Of Nigerian Banks

Recent reports have traced bank failures across the country to rising “toxic assets” in commercial banks’ loan portfolio. Poor credit appraisal techniques that have seen credit exposures turn bad, no doubt, largely accounts for this rising level of non-performing loans. This development not only threatens the viability and sustainability of banks but also adversely affects the economic performance of the country as a whole. This paper therefore empirically investigated the effect of credit risk on performance of Nigerian Banks. An ex-post facto research design was adopted by the study and seco…